In 2009, the Honda Ruckus moped retailed for $2,149. On the other end of the scale, the Vespa moped retailed at an average of $5,000, depending on accessories. Pre-owned mopeds, much like pre-owned vehicles, may cost less than half the price of a new moped. While there is a wide range in the amount you'll need to pay to purchase your moped, the purchase price is still much less than purchasing a car or truck.
Since there is not much to a moped, it not complicated or expensive to maintain. Preventative maintenance can include changing the oil, replacement belts, batteries and tires. In 2010, the average cost of a new moped tire was $20 to $25. Of course, there are always unexpected repairs from normal wear and tear. If your moped is not under a warranty, you can expect the cost of minor repairs from time to time.
Most moped tanks are small and hold approximately 1.5 gallons. According to mopeds.net, a moped can get 75 to 100 miles per gallon. In August 2010, Consumer Reports showed that fuel prices averaged $2.70 per gallon across the nation. Depending on how much you plan to operate your moped, the number of times you will need to refuel will be less frequent than an automobile, and filling up your moped tank for less than five bucks should bring a smile to your face.
Depending on where you operate your moped, you will most likely need to purchase insurance. Many insurance companies group moped insurance with motorcycle insurance and can offer reasonable quotes to protect you and your moped in case of an accident. Just as with vehicles, there are liability and full coverage insurance options, but since the replacement cost of a moped and the amount of damage a moped can do are significantly less in comparison to an automobile, the insurance costs less. You can insure a moped for as little as $20.00 a month. For additional insurance information or quotes, you can visit progressive.com.
